Buy, lease, or loan? Even the best of financial planners or accountants can rarely tell you off the top of their head and hiring them to calculate it may cost you more than the difference.

To put an end to the question we've provided this buy/lease/loan calculator that compares all three options side-by-side. It uses Canadian financial calculations and accounts for the annuity required to replace the used cash, tax payable on interest earned, interest on loans, leases, and invested capital, different buyout options, CCA deductions, GST refunds, and separates depreciation from CCA.

• Cash values can be entered with or without a dollar sign and/or commas
  (ie $10,000.00, 10000, or 10000.00).
• Percentage values can be entered as numbers with or without the trailing '%' symbol, or as decimal values (ie 0.10, 10, or 10%).
• Changing any of the values on the calculator instantly updates all calculated values.

Note: All calculations done by this buy/lease/loan calculator are done on your computer and at no time are any entered values or calculated results transmitted to us or anywhere else on the internet. You can feel totally confident that your calculations remain private.